Popularity of different payment types across the globe often depends on country's economic climate and history. While some nationalities feel confident using their credit or debit card to purchase goods online, in other countries local bank transfer might be perceived as the safest and most convenient option (ie. Germany, Poland). It is therefore our aim to provide you with the full spectrum of available payment types, regardless of geographical location of your target market.
Our knowledge of local legislation across the globe and commitment to understand, simplify and take full advantage of all available payment types, means that you don't have to.
With DataCash you can support the following payment types:
Credit and Debit cards are the most widely accepted methods of payment globally and are a must for eCommerce environments. DataCash provides exceptionally reliable, fast and secure processing of all available international credit and debit cards, including: MasterCard, VISA, JCB, AMEX, Discovery and Diners Club.
E-wallets act as a virtual purse where funds and personal information can be stored in a safe environment. E-wallets enable any user with an email address to securely send and receive payments online. Personal/ financial data needs to be submitted only once for all future purchases.
DataCash has integrated with all the leading e-Wallet brands, like PayPal, Netteler or Skrill, to provide Merchants with easy access to this important source of additional payment instrument.
Bank transfers are based on the high security standards of online banking. It allows customers to pay for online purchases using their existing internet banking facility. Customers must be registered for online banking via their bank and authenticate and approve transactions using their internet banking credentials.
Local cards work in the same way as international ones. Pre-paid cards have a stored value with which a payment is made, while bank cards pass on a message to the cardholder's bank to withdraw funds from a designated account in favor of the payee's designated bank account.
Direct Debit is an instruction from a customer to their bank or building society authorising an organisation to collect varying amounts from their account (regular or occasional), as long as the customer has been given advance notice of the collection amounts and dates.
Direct Credit is a simple, secure and reliable service, which enables organisations of all sizes to make payments by electronic transfer directly into a bank or building society account. Most organisations benefit from paying salaries or wages by Direct Credit.
In general cash alternative payment services are safe and trusted in the online marketplace, giving merchants access to consumers in under-banked and un-banked sectors. These payment options also provide a means for security conscious consumers to make purchases when they are not comfortable with providing sensitive banking information online.
The basic forms of cash alternative payments (i.e. escrow, paper checks, gift cards and money order) have been around for years in the eCommerce world. In regions like China, Eastern Europe and elsewhere, these payment options are typically the dominant and preferred payment method.
For a full list of available payment methods please click here.